Berkshire gave $17.4 million in 2011 compensation to Thomas P. Nerney, CEO of its United States Liability Insurance Group; $12.4 million to Geico Corp. CEO Tony Nicely and the National Indemnity Co. unit gave $9.26 million to Ajit Jain, according to filings to state regulators. Berkshire, which is set to send its annual-meeting notice to shareholders today, said in last year’s proxy that Buffett’s salary remains $100,000 at his request.

Not bad at all. And as JP Morgan's CEO Jamie Dimon said, you need that kind of cash to keep the best talent:

“Warren Buffett does an exceptional job,” Dimon.... “I’ll make you a bet he pays his top 20 or 30 people more than we do. We need top talent. You cannot run these businesses with second-rate talent.”